Stock market man.
Suppose I’m worth billions, and have a reputation for picking stock
market winners. What can I do without thinking too much?
A. I could continue my
work, carefully analyzing markets and companies to make my investment
decisions. Maybe too much thinking.
B. I could identify potential sectors or companies, possibly
lacking in current market attention, but with some potential. Then, I could take a huge position with
millions upon millions. The market would
take this in advisement and while not really knowing why it is important, would
try to pile-on, on the basis of what we’ll call a “position testimonial.” While pundits would explain why, they and
others would also buy, driving up the price even more. My investment of $300m might increase almost overnight
to $350m.
This is what you can do with huge cash reserves. Change the perception. Change the market.
Enhance your investment. This is a totally legal form of market manipulation. No insider knowledge is required. You
can’t do it, nor can I. But with
sufficient cash, you could generate more, much more. As we all know there are thousands* of
billionaires floating about, all with the exact same desire: to have more
billions.
This is a game for billionaires, not the lesser and
inconsequential multi-millionaires.
*about 2000 in 2017
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